Published August 10 2010
Dorgan stresses importance of manufacturing jobsBISMARCK — Sen. Byron Dorgan, D-N.D., highlighted some of his goals for his remaining time in Congress during a news conference today.
Discussing the economy first, Dorgan said the nation will not have a robust economy without a vibrant manufacturing base.
He said the first important step is to eliminate tax breaks given to companies that ship U.S. jobs overseas, an amendment he’s offered four times in the Senate without success.
“Even as we now begin to see some recovery, that recovery is not creating jobs as quickly as we would like to see,” Dorgan said. “We also have a drain that’s wide open that has American jobs moving overseas at the same time.”
Dorgan is trying to repeal a provision in tax law that allows companies to defer paying income taxes to the U.S. on profits earned for manufacturing overseas unless they repatriate income to the U.S.
For more on this story, read Wednesday's Forum.